Kossan Rubber Industries BhdXKLS:7153 +0.98%77 Current Ratio is 9.35 as of Mar. 2026, which is 202% above its 10-year median of 3.10. GuruFocus rates XKLS:7153 with a GF Score™ of 77/100 and a GF Value™ of RM1.61 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Kossan Rubber Industries Bhd ranks better than 91.8% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Kossan Rubber Industries Bhd's current ratio for the quarter that ended in Mar. 2026 was 9.35.
Kossan Rubber Industries Bhd has a current ratio of 9.35. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Kossan Rubber Industries Bhd's Current Ratio or its related term are showing as below:
XKLS:7153'
s Current Ratio Range Over the Past 10 Years
Min: 1.42 Med: 3.1 Max: 14.27
Current: 9.35
During the past 13 years, Kossan Rubber Industries Bhd's highest Current Ratio was 14.27. The lowest was 1.42. And the median was 3.10.
XKLS:7153's Current Ratio is ranked better than 91.8% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.475
vs XKLS:7153: 9.35
Kossan Rubber Industries Bhd (XKLS:7153) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Kossan Rubber Industries Bhd Current Ratio Related Terms
Kossan Rubber Industries Bhd Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XKLS:7153 vs ISRG, BDX, MDLN: Current Ratio Comparison
For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries Bhd's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kossan Rubber Industries Bhd Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kossan Rubber Industries Bhd's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kossan Rubber Industries Bhd (XKLS:7153) has a Current Ratio of 9.35 as of Mar. 2026. This is 202% above median its historical median of 3.10. Over the past decade, Kossan Rubber Industries Bhd's Current Ratio has ranged from 1.42 to 14.27. According to the industry distribution chart, Kossan Rubber Industries Bhd ranks #70 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 8.2%.
Is Kossan Rubber Industries Bhd's Current Ratio too high?
Kossan Rubber Industries Bhd's current Current Ratio of 9.35 is 202% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 14.27. The Medical Devices & Instruments industry median Current Ratio is 2.48. Kossan Rubber Industries Bhd's value of 9.35 is 277.8% above this industry median. Based on the distribution chart, Kossan Rubber Industries Bhd ranks #70 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Kossan Rubber Industries Bhd has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kossan Rubber Industries Bhd's Current Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Kossan Rubber Industries Bhd ranks #70 out of 854 companies for Current Ratio. This places Kossan Rubber Industries Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.48. Kossan Rubber Industries Bhd's value of 9.35 is 277.8% above this benchmark. Historically, Kossan Rubber Industries Bhd's own Current Ratio has ranged from 1.42 to 14.27 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 2.48, Kossan Rubber Industries Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.48, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kossan Rubber Industries Bhd's current Current Ratio of 9.35 is 277.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kossan Rubber Industries Bhd's current Current Ratio is 9.35, which is 202% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kossan Rubber Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kossan Rubber Industries Bhd (XKLS:7153) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.61, compared to a current price of RM1.03 — trading 36% below its estimated fair value. The current Current Ratio is 9.35, which is 202% above median its 10-year median of 3.10 and 277.8% above the Medical Devices & Instruments industry median of 2.48. Kossan Rubber Industries Bhd's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Kossan Rubber Industries Bhd (XKLS:7153), the current Current Ratio is 9.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kossan Rubber Industries Bhd (XKLS:7153) Overvalued in 2026?
Based on GuruFocus' analysis, Kossan Rubber Industries Bhd stock appears to be undervalued.
The current stock price of RM1.03 is trading 36% below its estimated GF Value™ of RM1.61.
GuruFocus considers Kossan Rubber Industries Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7153:
Current Ratio: 9.35 (202% above median its 10-year median of 3.10)
GF Value™: RM1.61 vs. price of RM1.03 (36% below fair value)
Industry Position: 277.8% above the Medical Devices & Instruments median (#70 of 854)
No single metric tells the full story. See the XKLS:7153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm's segments are: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated from Malaysia, while it also has its presence outside Malaysia.
77GF Score
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